Ethereum Price Analysis: Is a Drop to $2.4K Next After ETH’s Latest Rejection?

Your call?🐂 Bullish🐻 Bearish

$2.4K

ETH downside target

$ETH

$2,684

-0.9%

Ethereum is consolidating below $2.7K after a sharp recovery from the June lows. The charts show a constructive medium-term structure, although momentum has cooled after ETH failed to sustain its move into the $2.7K resistance area. The…